Category: NFT
XRPL Records Major Growth In The Q1 Of 2023
Due to the booming non-fungible token (NFT) market, Ripple’s XRPL platform saw significant growth in the first quarter of 2023. The network has reportedly experienced…
Adidas Confirm Releasing the Inaugural Chapter of ALTS Dynamic NFTs
The leading lifestyle and sneaker collection manufacturer, Adidas, is set to release the dynamic nonfungible (NFT) ecosystem. The sneaker brand is expanding into the metaverse-based…
What is ERC 721? – The Ethereum NFT Token Standard
Ethereum token standard called ERC-20 has been used to launch several initial coin offerings (ICOs). But there is another token standard, ERC-721. Although it is…
Price of Trump NFT Increase Above $1k After Charges By The Grand Jury
In an unexpected turn of events, Donald Trump’s non-fungible tokens (NFTs) value has surged after his recent indictment by a grand jury in New York….
Argentinian Airline Flybondi Issuing NFT-Based Air Tickets
Flybondi, the prominent low-cost airline in Argentina, is deploying Web3 technologies to its ticketing system. The technological interception aims to issue electronic tickets (e-tickets) as…
UK Treasury Scrapping Plans to Develop Government-Backed NFTs
A March 27 publication from the UK Treasury announced that the government would distance itself from developing non-fungible tokens (NFT). In 2022, prime minister Rishi…
Gucci Partnering with Yuga Labs to Launch Web3 Projects
The Italian fashion company Gucci has partnered with Yuga Labs to explore the Web3 space. The partnership report dated March 27 revealed the new partners…
What is the Metaverse? A Beginner’s Guide
The concept of the metaverse has finally come out of the fictional world of books like Neuromancer and The Matrix to become a reality. The…
US Judge Grants IP Ownership To Quantum NFT Creator
A federal judge in the US dismissed Canadian company Free Holdings Inc.’s claim to NFT artist Kevin McCoy’s work. The Judge stated that the plaintiff’s…
Metaverse Game Developers Aavegotchi Set New Record With An Outstanding Multiyear Sale
The creators of the famous Aavegotchi metaverse game — Pixelcraft Studios, have successfully realized $30 million from a multiple-year token sale. The fundraising effort is…
